Acer (TPE:2353) Cyclically Adjusted PB Ratio: 1.15 (As of Aug. 02, 2026) — Near Median

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TPE:2353 Acer Inc TPE:2353
48 GF Score
Price NT$28.85
! 6 Warning Signs
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What is Acer Cyclically Adjusted PB Ratio?

Acer TPE:2353 +3.41% 48 Cyclically Adjusted PB Ratio is 1.15 as of Aug. 02, 2026, which is 1% above its 10-year median of 1.14. GuruFocus rates TPE:2353 with a GF Score™ of 48/100. The stock has 6 warning signs investors should review. Among 1,973 Hardware companies, Acer ranks better than 64.47% on this metric.

As of today (2026-08-02), Acer's current share price is NT$28.85. Acer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$25.09. Acer's Cyclically Adjusted PB Ratio for today is 1.15.

The historical rank and industry rank for Acer's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:2353' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.14   Max: 2.34
Current: 1.2

During the past years, Acer's highest Cyclically Adjusted PB Ratio was 2.34. The lowest was 0.56. And the median was 1.14.

TPE:2353's Cyclically Adjusted PB Ratio is ranked better than
64.47% of 1973 companies
in the Hardware industry
Industry Median: 2 vs TPE:2353: 1.20

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Acer's adjusted book value per share data for the three months ended in Mar. 2026 was NT$24.223. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$25.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acer  (TPE:2353) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Acer Cyclically Adjusted PB Ratio Related Terms


Acer Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Acer's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Acer Cyclically Adjusted PB Ratio Chart

Acer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.97 2.22 1.62 1.07

Acer Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.22 1.24 1.07 1.09

TPE:2353 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Acer's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Acer Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Acer's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Acer's Cyclically Adjusted PB Ratio falls into.


TPE:2353
48GF Score
Acer Inc TPE:2353
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acer Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Acer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.85/25.09
=1.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Acer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Acer's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=24.223/330.2130*330.2130
=24.223

Current CPI (Mar. 2026) = 330.2130.

Acer Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.114 241.018 28.928
201609 20.681 241.428 28.286
201612 19.058 241.432 26.066
201703 18.174 243.801 24.616
201706 18.333 244.955 24.714
201709 18.764 246.819 25.104
201712 18.941 246.524 25.371
201803 18.969 249.554 25.100
201806 18.960 251.989 24.846
201809 19.062 252.439 24.935
201812 19.242 251.233 25.291
201903 19.600 254.202 25.461
201906 19.142 256.143 24.677
201909 19.287 256.759 24.805
201912 19.101 256.974 24.545
202003 18.078 258.115 23.128
202006 18.549 257.797 23.759
202009 19.161 260.280 24.309
202012 20.090 260.474 25.469
202103 19.514 264.877 24.327
202106 19.967 271.696 24.267
202109 20.487 274.310 24.662
202112 21.218 278.802 25.131
202203 20.277 287.504 23.289
202206 20.767 296.311 23.143
202209 22.178 296.808 24.674
202212 21.974 296.797 24.448
202303 21.047 301.836 23.026
202306 23.506 305.109 25.440
202309 25.126 307.789 26.957
202312 24.857 306.746 26.759
202403 24.525 312.332 25.929
202406 24.915 314.175 26.187
202409 25.051 315.301 26.236
202412 25.556 315.605 26.739
202503 24.335 319.799 25.127
202506 22.771 322.561 23.311
202509 24.379 324.800 24.785
202512 25.148 324.054 25.626
202603 24.223 330.213 24.223

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.15 mean?
Acer (TPE:2353) has a Cyclically Adjusted PB Ratio of 1.15 as of Aug. 02, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Acer and its competitors. This is near median its historical median of 1.14. Over the past decade, Acer's Cyclically Adjusted PB Ratio has ranged from 0.56 to 2.34. According to the industry distribution chart, Acer ranks #701 out of 1973 companies in the Hardware industry, placing it in the top 35.5%.
Is Acer's Cyclically Adjusted PB Ratio too high?
Acer's current Cyclically Adjusted PB Ratio of 1.15 is near median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.34. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Acer's value of 1.15 is 42.5% below this industry median. Based on the distribution chart, Acer ranks #701 out of 1973 companies in the Hardware industry, which is above the industry midpoint. Overall, Acer has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Acer's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Acer ranks #701 out of 1973 companies for Cyclically Adjusted PB Ratio. This puts Acer in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Acer's value of 1.15 is 42.5% below this benchmark. Historically, Acer's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 2.34 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 2.00, Acer has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,973 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Acer's current Cyclically Adjusted PB Ratio of 1.15 is 42.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Acer and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acer's current Cyclically Adjusted PB Ratio is 1.15, which is near median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acer stock overvalued right now?
Acer (TPE:2353) has a current Cyclically Adjusted PB Ratio of 1.15. The current Cyclically Adjusted PB Ratio is 1.15, which is near median its 10-year median of 1.14 and 42.5% below the Hardware industry median of 2.00. Acer's overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Acer (TPE:2353), the current Cyclically Adjusted PB Ratio is 1.15 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Acer Business Description

Address Sec. 1, Xintai 5th Road, 1st Floor, 88, Xizhi, Taipei, TWN, 221
Acer Inc is a hardware and electronics company specializing in electronics technology. Its products are sold under three brands: Acer, Gateway, and Packard Bell. It includes desktop PCs, clamshell laptops, 2-in-1 laptops, convertible laptops, Chromebooks, tablets, servers, storage devices, virtual reality devices, displays, smartphones, and peripherals. A large majority of the firm's revenue is derived from personal computers and the rest from peripherals and other products. The firm generates revenue in the Americas, Mainland China, Taiwan, and other countries across the world.
48GF Score

Get the complete analysis for TPE:2353

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$28.85
Price